Set to go live on testnet on June 30, the platform vows to bring the depth of liquidity of an old-school exchange with the openness and composability of on-chain systems.
As a , Byreal aims to bring the depth of CEX markets and DeFi functionality together. Byreal will utilize Request for Quote (RFQ) and Concentrated Liquidity Market Maker (CLMM) routing to make trades with low slippage and miner extractable value (MEV)-protected.
“Byreal isn’t just another DEX,” Bybit CEO Ben Zhou posted on X, formerly known as Twitter. “It’s merging CEX-quality liquidity with DeFi-native transparency. That is true hybrid finance.”
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